Permanent Portfolio

The Permanent Portfolio was proposed by Harry Browne in the book Fail Safe Investing.  An excellent modern guide is The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy by Craig Rowland and J. M. Lawson.

Asset Allocation

  • 25% Total Stock Market
  • 25% Long Term Bonds
  • 25% Cash
  • 25% Gold


Change the home country to translate the portfolio to local assets, currency, and inflation